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Required Information Problem 5-1A Perpetual: Alternative cost flows LO P1 [The following information applies to the questions displayed below.) Warnerwoods Company uses a perpetual inventory

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Required Information Problem 5-1A Perpetual: Alternative cost flows LO P1 [The following information applies to the questions displayed below.) Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Unito Sold at Retail Units Aequired at Cost 80 units @ $50.60 per unit 215 units & $55.60 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totats 240 units .005.60 per unit 75 unito # $60.60 per unit 130 units $62.60 per unit 110 unita # 995.60 per unit 350 unita 500 units Temudirirem una SUELL U Required Information Perpetual LIFO Goods Purchased #of Cost per units unit Cost of Goods Sold # of units Cost per Cost of Goods Sold sold unit Inventory Balance Cost per Inventory # of units unit Balance 80 @ $ 50.60 4,048.00 Date March 1 March 5 March 9 March 18 March 25 March 29

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